APM Terminals hit by massive impairments again

APM Terminals was once again forced to book massive impairments on its portfolio, which is the main reason why the vital company in the group's Transport & Logistics unit suffered a deficit of USD 267 million in the third quarter.

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Nordic shipowners see multiple problems with speed limit

Danish Shipping and the Norwegian Shipowners' Association think that there are many potential pitfalls in implementing a speed limit for vessels in order to reduce their greenhouse gas emissions. The discussion of a speed limit was instigated by the new ECSA chairman.

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